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It’s been a long time coming, with rumours swirling for months now, but Cyril Amarchand Mangaldas (CAM) partner and Delhi head Percy Billimoria has given notice last month and is set to start up an independent counsel practice, we have reliably learned.
The capital markets regulator has said it may allow companies to delist shares at a fixed price, as against the current 'reverse book-building' process.
NEW DELHI, Feb 14: The Government has put in place a detailed disclosure framework for CSR spending by companies, with experts saying the move will help enhance transparency but at the same time, is also likely to increase the compliance burden. Form CSR-2 (Report on Corporate Social Responsibility) has been notified by the corporate affairs ministry. Under the Companies Act, 2013, certain class of profitable entities are required to shell out at least 2 per cent of their three-year annual […]